The problem affects about 3,000 engines on commercial aircraft, forcing additional inspections that will put pressure on airlines as air travel rebounds following the pandemic.
Maine business
Posted inBusiness, News
Maine Trust for Local News promotes 2 executives
Amy Lamb and Stefanie Manning take on expanded roles with the nonprofit that owns the Press Herald.
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Posted inBusiness, Local & State
Gifford’s expects to be fully operational in next few months after fire devastated Skowhegan plant
The latest scoop from Gifford’s HomeMaine Ice Cream? The company’s CEO said this week that as repairs continue on the manufacturing plant, it’s working with two out-of-state manufacturing partners to return several select flavors of its ice cream to store shelves.
Posted inBusiness
Quoddy: Old-school shoemaker walking toward expanding market
“We will always have handsewn, but in a different price segmentation.”
Posted inBusiness, Local & State, News
Historic Portland tower a step closer to housing, but affordability is a question
Developers who bought the People’s United Bank building for $9.2 million in 2019 plan to convert the 10-story building in Monument Square into 63 one- and two-bedroom market-rate apartments.
Posted inBusiness, Food, Local & State
Veteran-owned food truck finds pop-up location in Waterville
Hero’s on Wheels is one of many food businesses in recent years to eschew the traditional brick-and-mortar restaurant and take to the road.
Posted inBusiness, Local & State, News
Maine’s unemployment rate heads toward record low
The state’s jobless rate hits the lowest point since the start of the pandemic and nears record lows set three years ago.
Posted inBusiness, Local & State, News
Did it work? The elusive impact of a $45 million state grant to grow jobs
The Maine Technology Institute, which awarded the taxpayer funds, makes very little data available about the investments.
Posted inBusiness, Local & State
In effort to retain workers, Waterville-based Day’s Jewelers to lock its doors on Sundays
The employee-owned jeweler has operated seven days a week for decades, but a survey of workers found they were struggling with finding a balance between their professional and personal lives.
Posted inBusiness, Local & State
Hobby Lobby, Harbor Freight Tools eye expansion into Augusta
The national chains are looking to occupy retail space in the former Sears building at Turnpike Mall off of Western Avenue.